Section: CRUFI Industry News

The first global review of phosphate rock resources since 2010 has reported that technically recoverable reserves should last for more than 300 years.

Mining major Anglo American is to invest up to $4 billion to complete its Wood-smith mine project in the UK.

Yara International is to supply fossil-free fertilizers to El Parque Papas, Argentina’s largest potato grower, in 2023.

Yara International has approved a project to partly convert its Pilbara plant near Karratha in Western Australia to green ammonia production.

A record rise in gas prices at the end of August triggered a spate of ammonia production curtailments across Europe. These included major shutdown announcements from CF Fertilisers UK, Grupa Azoty, Yara International and others.

CF Fertilisers UK is to permanently close its fertilizer production site at Ince in north west England with the potential loss of 238 jobs.

Certain fertilizer prices are likely to remain above $1,000/t well into 2023, according to Moody’s.

EuroChem has made a binding offer for Borealis Group’s fertilizer, melamine and technical nitrogen business.

Yara and Lantmännen have signed an agreement to bring fossil-free mineral fertilizers to market.

Like the vital nitrogen fertilizer they handle, seasonal cheer will be in short supply for Europe’s ammonia producers and buyers this festive season, after many difficult months in which upward price trajectories showed no sign of slowing.